Associate Manager - Trade Controls (Markets Middle Office Analyst)

Markets Middle Office Analyst

About Us

At ANZ, we're shaping a world where people and communities thrive, driven by a common goal: to improve the financial wellbeing and sustainability of our customers. Our Institutional bank helps our largest customers move trade and capital around the region, providing our people with great opportunities to build their technical expertise and their careers.

About the Role

 

The Associate Manager, Trade Controls, will support Global Markets across regions by overseeing trade validation, reconciliations, and trade surveillance activities. The role ensures accurate trade capture in Murex and Wall Street, validates all lifecycle events, and performs key reconciliations such as FOFO, BBSW, FOBO, and Murex vs. Sky. The individual will monitor surveillance alerts for Cancel & Amend, Backdated Trades, and Off Market Rate exceptions using TSS analytics, escalating high‑risk cases as needed. Responsibilities also include maintaining strong documentation, clearing queues within deadlines, and collaborating with FO, Risk, Compliance, TSS, and Operations to enhance control effectiveness. The role is expected to provide trend insights, identify process improvements, support audits/regulatory needs, and maintain effective stakeholder communication.

Banking is changing and we’re changing with it, giving our people great opportunities to try new things, learn and grow. Whatever your role at ANZ, you’ll be building your future, while helping to build ours.

 

Role Type: Permanent
Role Location: Bengaluru 
Work Schedule: Rotational Shifts

What will your day look like?

As an Associate Manager, Trade Control (Markets Middle Office Analyst), you will:

• Have an understanding of trade capture and life cycle events, and investigate surveillance alerts related to Off Market Rate, C&A, and Back‑Dated trades accordingly.
• Validate trade bookings across all lifecycle events (new, amend, cancel, terminate, novate, restructure) against FO evidence.
• Perform daily controls including position/risk checks, P&L tolerance checks, duplicate checks, and block trade checks.
• Manage FOFO, BBSW, FOBO, and Murex Sky reconciliations; resolve breaks and ensure accurate trade flow across systems.
• Monitor Cancel & Amend, Back‑Dated, and Off Market Rate alerts; validate exceptions, obtain approvals, and escalate high‑risk cases.
• Review booking patterns to identify conduct risk indicators, mispricing, or control gaps, and recommend corrective actions.
• Maintain audit‑ready documentation, update procedures, and ensure queues are cleared before end of day.
• Coordinate with FO, Risk, Compliance, and Technology on issue resolution, escalations, and process enhancements.
• Provide trend analysis, MIS, and insights to stakeholders and governance forums.
• Support BAU stability, onboarding, cross‑training, and continuous control uplift initiatives.

What will you bring?

To grow and be successful in this role, you will ideally bring the following:

• Strong understanding of trade capture, lifecycle events, and surveillance alerts including Off‑Market Rate, C&A, and Back‑Dated trades.
• Hands‑on experience validating trade bookings across lifecycle events against Front Office evidence.
• Demonstrated capability in performing daily controls such as position/risk checks, P&L tolerance, duplicate, and block trade checks.
• Practical exposure to FOFO, FOBO, and Murex/Sky/Front office systems reconciliations with proven break resolution skills.
• Ability to identify conduct risk indicators, mispricing patterns, and control gaps, and recommend corrective actions.
• Strong coordination skills with FO, Risk, Compliance, and Technology teams, including escalation handling and BAU stability support.

You’re not expected to have 100% of these skills. At ANZ a growth mindset is at the heart of our culture, so if you have most of these things in your toolbox, we’d love to hear from you.

So why join us?

 

ANZ is a place where big things happen as we work together to provide banking and financial services across more than 30 markets. With more than 7,500 people, our Bengaluru team is the bank's largest technology, data and operations centre outside Australia. In operation for over 33 years, the centre is critical in delivering the bank's strategy and making an impact for our millions of customers around the world. Our Bengaluru team not only drives the transformation initiatives of the bank, it also drives a culture that makes ANZ a great place to be. We're proud that people feel they can be themselves at ANZ and 90 percent of our people feel they belong. 

 

We know our people need different things to be great in their role, so we offer a range of flexible working options, including hybrid work (where the role allows it). Our people also enjoy a range of benefits including access to health and wellbeing services.

 

We want to continue building a diverse workplace and welcome applications from everyone. Please talk to us about any adjustments you may require to our recruitment process or the role itself. If you are a candidate with a disability or access requirements, let us know how we can provide you with additional support.

 

To find out more about working at ANZ visit https://www.anz.com/careers/. You can apply for this role by visiting ANZ Careers and searching for reference number 112520.

Job Posting End Date

02/04/2026 , 11.59pm, (IST)

Experience Level

Mid Level